BNET Industries
Last Fiscal Year Sales:$423.9M
- Public
- US
Dow Jones Description
Mfr. of Automotive Wheels & Cast & Tubular Metal Products & Pipe Fittings
Technical Director
Rathindra DasguptaNumber of Employees 2,315
Peer Companies
NAICS Code Plumbing Fixture Fitting and Trim Manufacturing: 332913
News & Analysis
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amcast industrial corp. and general motors corp. - All News and Analysis
Automakers shove, suppliers push back.
Byline: Lindsay Chappell, Robert Sherefkin It would have been unthinkable once for a lowly supplier to threaten to halt parts shipments to an automaker over money issues. But a new power play is emerging in the North American auto industry. Badgered to...
Wheel supplier sheds part of business to N.Y. financier.(Suppliers)(Amcast Industrial Corp.)(Casting Technology Co.)(Brief article)
Byline: Robert Sherefkin A New York financial firm has agreed to acquire part of the cast aluminum parts business of troubled Indiana aluminum wheel maker Amcast Industrial Corp. Monomoy Capital Partners LP last week said it plans to pay $9 million...
Wheel suppliers take a pounding; Amcast's woes disrupt Corvette wheel shipments.
Byline: Robert Sherefkin The wheels are coming off the wheel industry. Beset by reduced business from automakers, higher raw material and energy costs and cutthroat pricing, the key players in North American wheel making are grappling with financial problems. ...
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Decision Makers
| Name (plus bio) | Position |
|---|---|
| Rathindra Dasgupta | Technical Director |
| John H. Shuey | |
| Michael Higgins | Treasurer |
Board of Directors
| Name (plus bio) | Position |
|---|---|
| Byron O. Pond, JR. | Non-Executive Chairman |
Rathindra DasGupta DasGupta was the chief scientist at SPX Corporation, CONTECH Division for many years. He received a Ph.D in Metallurgical Engineering from the University of Wisconsin - Madison in 1978. Previously, he has held positions as a technical director at Amcast Industrial Corporation, and various professorships at the Milwaukee School of Engineering, the University of Wisconsin - Madison and China Steel Corporation, Kaoshiung, Taiwan. He has also received multiple awards and honors including the American Society of Metals Visiting Lecturer in 2000; Herman Doehler Award in 2000; Raymond D. Peters endowed professor in Materials Science from 1987 - 1990 and Inland Steel Ryerson Outstanding Undergraduate Teacher in 1985. Within the past year, DasGupta has accepted a position with the National Science Foundation, which has allowed him to further concentrate on the research of enhancing the die casting process.
| Organization | Position | Status |
|---|---|---|
| Amcast Industrial Corporation | Technical Director | Current |
| Die Casting | Program Manager | Current |
| SPX Corporation | Chief Scientist | Former |
| National Science Foundation | Former |
Mr. Shuey, age 63, joined Amcast Industrial Corporation, a producer of aluminum wheels for the automotive industry and copper fittings for the construction industry, in 1991 as Executive Vice President. He was elected President and Chief Operating Officer in 1993, a director in 1994, Chief Executive Officer in 1995, and Chairman in 1997. Mr. Shuey served as Chairman of the Board, President and Chief Executive Officer through February, 2001. Mr. Shuey has a B.S. degree in Industrial Engineering and an M.B.A. degree, both from the University of Michigan.
| Organization | Position | Status |
|---|---|---|
| Amcast Industrial Corporation | Current | |
| Cooper Tire & Rubber Company | Chairman | Current |
| University of Michigan | M.B.A. Degree | Former |
| University of Michigan | B.S. Degree In Industrial Engineering | Former |
| Organization | Position | Status |
|---|---|---|
| Amcast Industrial Corporation | Treasurer | Current |
| Amcast Industrial Corporation | Treasurer | Former |
| Organization | Position | Status |
|---|---|---|
| Amcast Industrial Corporation | Non-Executive Chairman | Current |
| Cooper Tire & Rubber Company | Board of Directors | Current |
| Precision Castparts Corp. | Board of Directors | Current |
| Cooper Tire & Rubber Company | Interim CEO | Former |
| Amcast Industrial Corporation | CEO | Former |
| Amcast Industrial Corporation | President | Former |
| Amcast Industrial Corporation | Board of Directors | Former |
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